ISTOBAL, the leading Spanish group in vehicle wash and care solutions for the automotive industry, grew by 13.4 percent in 2021 and recovered pre-pandemic levels, reaching a turnover of 145.7 million euro. In addition, the company has recorded an EBITDA of 14.4 million euro, which represents a 61.2 percent increase compared to the previous year.

ISTOBAL closed its 2021 financial year with a positive performance thanks to the recovery of the sector, as well as the development of new products and services adapted to the needs of companies linked to the car wash business, which stand out by their high profitability and the best user experience. In 2021, 75 percent of the company´s turnover was international in nature. The key markets, in order, were: France, Italy, the United States, the United Kingdom, and Denmark. Among its foreign subsidiaries, of particular note is the growth in turnover in the United States, with an increase of more than 43 percent, followed by Brazil, which recorded a 33 percent growth in sales last